BEIJING (Xinhua): Profits of China's major industrial firms maintained steady growth momentum in the first eight months of the year as industrial production continued to firm up and business operations kept improving, official data showed on Tuesday (Sept 28).
Industrial firms with annual business revenues of at least 20 million yuan (about $3.1 billion) saw their combined profits surging 49.5 percent year-on-year in the Jan-Aug period to 5.6 trillion yuan, data from the National Bureau of Statistics showed.
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